"Invest in America Alliance" to Provide Technology Funding and Jobs

Green Collar Blog - At a speech delivered [tuesday] (PDF, audio) at The Brookings Institute, Intel President and CEO Paul Otellini announced the launch of the Invest in America Alliance (IAA). The IAA, led by Intel and supported by many leading venture capital firms and corporations, was launched to support the competitiveness of the US in the global marketplace. It is intended to serve as the private sector's complement to existing state and federal job creation programs through long-term investment in industries and talent to produce the next breakthroughs in technology innovation. There are two components of the IAA:

1. $3.5 Billion in Technology Investment During the Next Two Years
2. Private Sector Commitment to Increase Hiring of College Graduates

cross-posted from Green VC